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Capital One Bank Class Action Settlement 2024 Payment Status and Claim Eligibility

In July 2019, Capital One Bank was hit by a massive security breach when an unauthorized hacker obtained access to 98 million individuals who had applied for or held Capital One credit cards in the United States and Canada. The breach had massive implications for the persons affected by this breach.

There was a massive hue and cry and led to the filing of a class action suit to deal with the ramifications of the incident. A settlement has been finalized, and all the details of the settlement can be obtained on the Capital One Settlement website, which is located at capitalonesettlement.com.

All affected consumers have been sent emails by EpiqPay regarding payments for the Capital One Class Action Settlement, and the consumers have been reassured that the emails have been genuine.

Capital One Bank Class Action Settlement 2024 Payment Update

Name of CompanyCapital One
Payment Start Date28 September 2023
Claim Deadline27 November 2023
Payment MethodDigital payment (EpiqPay) or Paper check
Settlement Fund$190 million
Additional Benefits  Credit monitoring, identity theft protection, and reimbursement for certain expenses
Official Websitecapitalonesettlement.com

Payments commenced on September 28, 2023, to all eligible consumers, and the last date for receiving these payments was November 27, 2023. The window has been kept small so that concerned consumers get compensation as quickly as possible.

Capital One Bank Settlement – Are You Eligible?

U.S. residents whose personal information has been compromised, including names, addresses, Social Security numbers, and bank account numbers in the 2019 Capital One data Consumers who have received emails stating that they are eligible for compensation Consumers who have filed a valid and timely claim before the November 27, 2023, deadline.

Eligible for Free Restoration Services

All members of the Settlement Class are eligible for credit monitoring, identity theft protection, and fraud resolution assistance, regardless of whether they have filed claims for Lost Time or Out-of-Pocket Expenses or not.

Excluded from the Settlement

  • Officers and directors of Capital One and Amazon.
  • Judicial personal involved in the lawsuit.
  • Any Class Member who timely exited the lawsuit voluntarily.

Methodology to File a Claim for the Capital One Bank Settlement

The last date for making a claim has since expired on November 27, 2023. If you have not made a claim, you cannot take any further action. However, you will still be eligible for Restoration Services for all members of the Settlement Class, regardless of whether they filed a claim for Lost Time and Out-of-Pocket Expenses and also monitoring, identity theft protection, and fraud resolution assistance.

Capital One Bank Settlement Per Person Payout

A maximum of $25,000 per person has been promised by Capital One Bank from a total settlement amount of $190 million. The fund will be managed by Epiq Pay, and all consumers will be informed by emails regarding these payments.

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Manoj Nair

Manoj Nair: With a decade of news writing across various media platforms, Manoj is a seasoned professional. His dual role as an English teacher underscores his command over communication. He adeptly covers Politics, Technology, Crypto, and more, reflecting a broad and insightful perspective that engages and informs diverse audiences.

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